https://www.taxtmi.com/caselaws?id=798494 Disallowance computed under Section 14A read with Rule 8D cannot, merely because it is disallowed for normal tax computation, be added to book profit under Section 115JB. The relevant Explanation permits adjustment only for expenditure relating to exempt income determined under the book-profit computation, and does not import the Section 14A/Rule 8D mechanism. Accordingly, book profit cannot be increased solely by the amount disallowed under Section 14A using Rule 8D. en-us Mon, 17 Aug 2026 00:00:00 +0530 Tue, 08 Sep 2026 08:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798494 Disallowance computed under Section 14A read with Rule 8D cannot, merely because it is disallowed for normal tax computation, be added to book profit under Section 115JB. The relevant Explanation permits adjustment only for expenditure relating to exempt income determined under the book-profit computation, and does not import the Section 14A/Rule 8D mechanism. Accordingly, book profit cannot be increased solely by the amount disallowed under Section 14A using Rule 8D. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798494